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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 17,530 $ 19,285
Short-term investments 38,543 38,831
Accounts receivable, net of allowances of $551 and $3,625 at December 31, 2018 and 2017, respectively 18,462 22,244
Inventory 44,725 47,083
Prepaid expenses and other current assets 1,954 2,359
Total current assets 121,214 129,802
Property and equipment, net 19,778 18,110
Other non-current assets 196 241
Goodwill 3,881 3,881
Total assets 145,069 152,034
Current liabilities:    
Accounts payable 4,643 4,666
Accrued compensation and employee related benefits 7,409 5,729
Accrued liabilities 2,887 3,162
Current portion of restructuring liabilities 582  
Current portion of long-term debt 5,930 4,088
Current portion of capital lease obligations 523 936
Current portion of deferred rent 402 628
Current portion of deferred revenue 649 714
Total current liabilities 23,025 19,923
Long-term debt, net of current portion 17,633 5,500
Capital lease obligations, net of current portion 258 745
Long-term liabilities — other 304 532
Long-term restructuring liabilities 487  
Deferred rent, net of current portion 5,294 5,891
Deferred revenue, net of current portion 185 501
Total liabilities 47,186 33,092
Commitments and contingencies (Note 10)
Stockholders' equity:    
Preferred stock, $0.001 par value — 5,000 shares authorized, no shares issued and outstanding at December 31, 2018 and 2017
Common stock, $0.001 par value — 495,000 shares authorized, 21,492 and 20,973 shares issued and outstanding at December 31, 2018 and 2017, respectively 21 21
Additional paid-in capital 337,627 323,482
Accumulated other comprehensive loss (9) (36)
Accumulated deficit (239,756) (204,525)
Total stockholders' equity 97,883 118,942
Total liabilities and stockholders' equity $ 145,069 $ 152,034